So how to play with small funds?
1. [Looking for opportunities and quietly ambushing]: Just like the current MEME is super popular, you have to keep a close eye on the market sentiment for currencies like PEPE and DOGE. Those controversial topics and celebrity effects are all triggers. You have to wait until it falls before taking action at the right time. Don't blindly follow the trend at a high level and go all in.
2. [Risk diversification and wide-ranging]: Don't be stupid and bet all your money in one place. In terms of asset allocation, you can consider making 70% of mainstream coins, such as ETH or BTC, which are more stable, and 30% can be altcoins. Although the risk is slightly higher, it can bring you more generous returns.
3. [Fixed investment strategy, easy and worry-free]: Fixed investment is very suitable for most people. There is no need to keep an eye on the market all the time. Just buy at a fixed time. For example, buy a certain amount of BTC or ETH every month to lower the cost.
4. [Chase hot spots and leave decisively]: Once the hot spots of altcoins come, make a bold move and then quickly withdraw without any lingering feelings. Don't be afraid when hot spots come, opportunities are rare, but once you notice that the wind is not in the right direction, you must withdraw decisively without any lingering feelings.
5. [Continuous learning, control the market]: You must have a little knowledge of market analysis, fundamental research, technical analysis, etc., especially pay close attention to market news and sentiment. Market sentiment affects short-term prices, and news determines medium- and long-term trends.
6. [Stay flexible and adapt to circumstances]: Invest more flexibly, don't put all your belongings on a certain coin, maintain good liquidity, and be able to enter and exit the market at any time. When playing crypto, you must always have the flexibility to withdraw at any time.
7. [Pay attention to costs and avoid losses]: Exchange fees, transaction slippage, etc. must be taken into account. Too frequent transactions may cause all the money earned to be swallowed up by fees.
Finally, you must keep a stable mentality, not greedy or panic, there are countless market opportunities. Young people must be brave enough to try, and don’t be afraid of failure. Every fall is an opportunity for growth. Remember, investment is a long battle. Enjoy the process and be a rational gambler!
